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In May 1997, Owens Corning acquired Fibreboard Corporation, a vinyl siding and other industrial material manufacturer, [21] which became a wholly owned subsidiary of Owens Corning. [11] The company was ordered to pay $5 million to an asbestos victim in 1997, making it the highest jury verdict in the history of the United States for a single non ...
In 1943, Johns-Manville suppressed a report confirming the link between asbestos and cancer. During the 1960s, 1970s and 1980s, the company faced thousands of individual and class action lawsuits based on asbestos-related injuries such as asbestosis, lung cancer and malignant mesothelioma. Many new settlements included offering $600 for ...
It is the most common type of asbestos used in the world, used in car parts such as aftermarket automotive brakes and linings and other vehicle friction products and gaskets. It’s been banned in ...
It can also be found in insulation, siding, roof gutters, and cement wallboard. The more prevalent transite found in wall construction and roofing tiles for example, will last anywhere from 50 years to over 100 years. [citation needed] The use of asbestos, a proven carcinogen, to manufacture transite was phased out in the 1980s.
The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust in 2006 held approximately 66% of AWI's outstanding common shares. [ 6 ] Armstrong World Industries, Inc. and NPM Capital N.V. sold Tapijtfabriek H. Desseaux N.V. and its subsidiaries, the principal operating companies in Armstrong's European Textile and Sports ...
U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.
The car was towed to a Jeep dealership, where a mechanic found diesel in the vehicle's gas tank and fuel lines. While the repair would be fairly simple, it wouldn't be cheap: Flushing out the gas ...
Asbestos shingles are roof or wall shingles made with asbestos cement board. They often resemble slate shingles and were mass-produced during the 20th century as these were more resilient to weathering than traditional slate shingles for the reason that slate is very soft and prone to weathering.